Fox Business
Expand
Browse All Video
Watch Live

You're watching...

Morning Business Outlook: 3/5/13

Details

  • Description

    FCC urges congress to unlock consumer cellphones

  • Duration 1:02
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance
View All

Transcript

This transcript is automatically generated

Good morning the US attorney in Manhattan found an objection to the deal to sell hostess brands Wonder Bread and -- state programs.

The government says the combined almost 400 million dollar deal which involved when he bakeries.

-- improperly released the buyers from liabilities and obligations to comply with environmental laws.

The FCC urging congress to allow consumers to unlock their cellphones this would give -- the ability to take their phone number and loan.

To a new carrier something consumers can do now once they fulfill their contract and get permission from their carrier.

Any man Freddie Mac plan to form a new company.

That could one day replace their role as competing entities in the government backed mortgage market Fannie and Freddie operate independently but back nine out of ten US mortgages.

Their government backed rescue cost taxpayers 131 billion dollars.

And that's still growing the proposal is the first step to reform the mortgage securitization market.

That's business for more log on -- foxbusiness.com.

In New York I'm Adam Shapiro.

Load More